CFE’s Tax Top 5 – 11 APRIL 2022
BRUSSELS | 11 APRIL 2022 ECOFIN: Poland Vetos Pillar 2 Minimum Tax Implementing Proposal EU Finance Ministers met on 5 April at the Council of the EU’s Economic and Financial Affairs Council configuration. Ministers failed to reach agreement on the EU Directive on the implementation of the OECD’s Pillar 2 minimum corporate income tax at [...]
CFE’s Tax Top 5 – 4 APRIL 2022
BRUSSELS | 4 APRIL 2022 EU Commission Launches Public Consultation on a New EU System for Withholding Taxes The European Commission has launched a public consultation questionnaire on a new EU-wide system for withholding taxes. Input received will feed into the upcoming legislative initiative planned for adoption in Q4 of 2022, which aims to introduce a common EU-wide system [...]
CFE’s Tax Top 5 – 29 MARCH 2022
BRUSSELS | 29 MARCH 2022 EU Parliament: Hearing on the Dutch Tax System & Exchange of Information with Pandora Papers Jurisdictions European Parliament’s Taxation Subcommittee (FISC) held two public hearings focusing on the fiscal law changes in the Netherlands and exchange of information for taxation purposes with jurisdictions featuring in the Pandora Papers. The first hearing saw [...]
CFE’s Tax Top 5 – 21 MARCH 2022
BRUSSELS | 21 MARCH 2022 ECOFIN: EU Council Progress on Pillar 2 Minimum Corporate Tax Implementing Directive EU Finance Ministers met on 15 March at the Council of the EU’s Economic and Financial Affairs Council configuration. At the meeting, significant progress was made in relation to the EU Directive on the implementation of the OECD’s [...]
CFE’s Tax Top 5 – 14 MARCH 2022
BRUSSELS | 14 MARCH 2022 European Parliament Adopt Reports on Reforming Withholding Taxes & Simplifying Tax Systems At a Plenary session on 10 March 2022, the European Parliament adopted two reports setting out a series of recommendations for the Commission and Member States on reforming withholding taxes and simplifying tax systems. The Parliament in the report notes [...]
CFE’s Tax Top 5 – 7 MARCH 2022
BRUSSELS | 7 MARCH 2022 ECOFIN Agenda: Global Minimum Corporate Tax & Carbon Border Adjustment Mechanis Finance Ministers will meet on 15 March at the next Council of the EU’s Economic and Financial Affairs Council meeting. At the meeting, finance and economic ministers will primarily focus on the EU directive on the implementation of the [...]
CFE’s Global Tax Top 10 – March 2022
BRUSSELS | MARCH 2022 Pillar 2 Directive: Poland and Estonia Maintain Veto Ahead of ECOFIN Council Meeting EU Finance Ministers met on 15 March at the Council of the EU’s Economic and Financial Affairs Council configuration. At the meeting, significant progress was made in relation to the EU Directive on the implementation of the OECD’s [...]
CFE’s Tax Top 5 – 28 FEBRUARY 2022
BRUSSELS | 28 FEBRUARY 2022 EU Council Reviews Tax Blacklist On 24 February, the Council of the EU reviewed its List of Non-Cooperative Jurisdictions for Tax Purposes (“Blacklist”). No jurisdictions were added to the list during the review. The following jurisdictions remain on the Blacklist: American Samoa, Fiji, Guam, Palau, Panama, Samoa, Trinidad and Tobago, US Virgin Islands and [...]
CFE’s Tax Top 5 – 21 FEBRUARY 2022
BRUSSELS | 21 FEBRUARY 2022 OECD Tax Talks: Update on Pillar 1 & 2 The OECD held a Tax Talks webinar today on 21 February concerning recent and upcoming developments in the OECD’s international tax agenda, the first in almost a year, particularly focusing on updates on the two-pillar solution to tax challenges posed by the digital economy. [...]
CFE’s Tax Top 5 – 14 FEBRUARY 2022
BRUSSELS | 14 FEBRUARY 2022 OECD Public Consultation on Pillar 1 Nexus & Revenue Sourcing Draft Rules The OECD is inviting input until 18 February on Draft Rules for Nexus and Revenue Sourcing from the Pillar 1 solution to address the tax challenges arising from digitalisation and globalisation of the economy. This consultation concerns Amount A of Pillar [...]